United Airlines pilots said pedals that control rudder movement on the plane were stuck as they tried to keep the plane in the center of the runway during the Feb. 6 landing.
The pilots were able to use a small nose-gear steering wheel to veer from the runway to a high-speed turnoff. The rudder pedals began working again as the pilots taxied to the gate with 155 passengers and six crew members on the flight from Nassau, Bahamas, according to a preliminary report by the National Transportation Safety Board.
Boeing said this is the only rudder-response issue reported on a Max, although two similar incidents happened in 2019 with an earlier model of the 737 called NG or next generation, which has the same rudder-pedal system.
The manufacturer said the issue was fixed by replacing three parts. The plane has made dozens of passenger-carrying flights since then, according to data from FlightAware.
That’s what I don’t get, their stock goes down for a while but then people think it’s a good time to buy and it goes back up. Like it doesn’t affect them at all. Casually kill 400 people and barely anything happens.
Every time there’s a bad-news dip in Boeing’s stock price, traders are treating that as a discount to buy the stock because they don’t think the US government would ever allow Boeing to fail. Sadly, they’re probably not wrong. If Boeing’s financials get into deep trouble the US government would likely bail them out because they’re a large employer and a strategic component of US economic hegemony.
Not to mention, they build a lot of the toys the military plays with.
The stock market is pretty damn efficient at processing all the information related to the stock price. Stock goes up because realistically Boeing isn’t going anywhere.
They are still going to make money.